List of all articles filed under “kuwait-interviews” category.
“55 years is a long time… we started with Arab countries and then moved on to non-Arab countries in Africa and Asia. You know what happened with the Arab Spring in different countries such as Syria, amongst others, where Kuwait Fund started with developmental aid, particularly in terms of building physical projects to enhance the economies of countries that we support.”
“In our sector, the investment sector, and through being a specialized, client-driven, asset management investment bank, our focus is on building and continuing to maintain our strong leadership position. Part of that is the trust that is bestowed upon us by our clients and our various stakeholders.”
“Overall, we feel that the non-oil economic growth is going to outperform the oil economic growth. OPEC has implemented production cuts in order to stabilize oil prices, and Kuwait will be adhering to those cuts. That will have an effect on the real GDP growth because Kuwait is such a highly energy dependent economy. It all depends on how the oil markets behave.”
“The government is now concentrating on our cultural sites. We recently completed the Sheikh Jaber Al-Ahmad Cultural Centre, which houses an opera center and different convention centers. By the middle of this year, we expect to open another cultural and scientific center, called Abdullah Al Salem Cultural Centre.”
“Everywhere we used to see challenges that needed solutions, and for all the problems in the world, there are solutions. We wanted to start giving solutions to the people and to charge them for it.”
“Our vision is to be one of the ten biggest contracting companies in not only the Gulf area, but throughout the Middle East.”
“Dahan is involved in interior fit out contracting. We execute many spaces such as restaurants, shops, boutiques, banks, and office spaces. We are purely executers and builders.”
“We are known to work on fast track, design development projects. We started that process back in the 70s with one of the real estate companies called Salhia Real Estate. We did the Salhia Mall that is still considered to be the mall with a very large number of prime brands like Louis Vuitton and others.”
Well they have to reform public education and by public I mean pre-university education. The reform shouldn’t come before establishing what the problems are. In my opinion, the only reason to establish what the problems are, is to have a uniform national exam for the country. You know, it’s alright that you have Kuwaiti public schools, it’s alright that you have British private schools, American or French or what have you. Of course for people who are going to Britain, they have to take exams that are required by the universities in Britain.
Most of the business is done in partnership with Kuwaitis. We have a law here that requires that for a business to be established here, it must have a 51% Kuwaiti partnership. But now there is a new department in the Ministry of Finance, the Foreign Investment Department. Under this, if a foreign direct investor wants to set up a new business, say to produce ethylene, or cement etc., they can own up to 100% stake in it.
